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Because the US market (Nasdaq/S&P 500) is predicted to open down about 0.4% - 0.5%, BTC is likely to experience a small selling pressure (minor pullback) before attempting to rise again.
Support Area (Floor): $66,500 – $67,000. If the price drops to this area later today, it could be a good long entry opportunity to capitalize on the evening rebound.
Resistance Area (Ceiling): $68,200 – $68,500. This level remains a strong "fortress." As long as there is no new positive news from Pakistan (as mediator), it will be difficult for BTC to surge to $70,000 this afternoon.
Suggestion: Do not chase the price (FOMO) in the $67,500 and above area. It’s better to wait in the $66,800 zone with a tight Stop Loss at $66,200. Considering the fear index is still quite high (Fear), short wick movements (wick) can be very sharp.
#BTC #BULLISH